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Manarah Current Account | Manarah Savings Account | Manarah Term Deposit Receipt | Manarah Monthly Deposit Scheme | Manarah Personal Finance | Manarah Auto Finance | Manarah Hajj Deposit Scheme
IISR: Mudarabah Profit Sharing Mechanism | Schedule of Charges | Islamic Banking Investment Rate
Manarah Personal Finance is an unsecured and terminating financing facility under Murabaha principle for any Shariah compliant purposes. Under this facility a commodity is sold for a deferred price which includes an agreed profit added to the cost.
Manarah Personal finance is designed for salaried executives, business persons & self employed individuals
Product Features
Investment up to Tk. 10 Lacs
Repayment within 1-5 years
Fully Unsecured facility
Customer Benefit
Competitive profit rate
Lower processing fee
No hidden charge
Rate of Manarah Personal Finance:
Product Name Customer Segment Mid Rate Profit Rate
Personal Finance Businessperson 16.00% 14.50%
Professional – General 14.50%
Professional – any other segment (restricted) 15.00%
Cash Paid Salaried Customer 14.50%
A/C payee Salaried Customer 14.50%
Salaried Customer for LLC and MNC 14.50%
CBL Staff 13.00%
CCEP Customer as per MOU
Note: effective from 16/02/2016
General Conditions:
All rate(s) for CCEP enlisted companies will remain same as per ‘Agreement’.
These above proposed rates will be effective from 16/02/2016.
All Applications currently under process with Retail Credit & Collection (C&C) will be processed with this new Rate(s).
Applications currently waiting for disbursement at Asset Operations will be disbursed with previous rate(s).
* For details, please contact nearest City Manarah Branches.
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